STRIPE SAYS AI STARTUPS ARE GROWING FASTER THAN SAAS EVER DID, AND CALLING THEM WRAPPERS ‘MISSES THE POINT'

Summary from the TLDR newsletter

The top 100 AI companies by revenue were able to achieve $5 million in annualized revenue in 24 months in 2024 - the top 100 SaaS companies took 37 months in 2018 to reach the same milestone.